Forward Management as of Sept. 30, 2016
Portfolio Holdings for Forward Management
Forward Management holds 201 positions in its portfolio as reported in the September 2016 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Spdr S&p 500 Etf (SPY) | 21.1 | $279M | 1.3M | 216.30 | |
| Ashford Hospitality Prime In pfd cv ser b | 4.7 | $61M | 2.6M | 23.59 | |
| SPDR Barclays Capital 1-3 Month T- | 4.1 | $54M | 1.2M | 45.73 | |
| PowerShares QQQ Trust, Series 1 | 4.0 | $52M | 441k | 118.72 | |
| iShares Russell 2000 Index (IWM) | 3.9 | $52M | 416k | 124.21 | |
| American Homes 4 Rent-a reit (AMH) | 3.8 | $50M | 2.3M | 21.64 | |
| Sabra Health Care REIT (SBRA) | 3.6 | $47M | 1.9M | 25.18 | |
| Franklin Street Properties (FSP) | 3.0 | $39M | 3.1M | 12.60 | |
| Chatham Lodging Trust (CLDT) | 2.8 | $37M | 1.9M | 19.25 | |
| Stag Industrial (STAG) | 2.5 | $34M | 1.4M | 24.51 | |
| Felcor Lodging Trust Inc. pfd cv a $1.95 | 1.9 | $26M | 1.0M | 25.01 | |
| National Storage Affiliates shs ben int (NSA) | 1.9 | $25M | 1.2M | 20.94 | |
| Epr Pptys conv pfd 9% sr e (EPR.PE) | 1.8 | $24M | 644k | 37.17 | |
| Colony Financial | 1.8 | $24M | 1.3M | 18.23 | |
| Consolidated Tomoka Ld Co note 4.500% 3/1 | 1.6 | $22M | 22M | 0.98 | |
| Mack-Cali Realty (VRE) | 1.5 | $20M | 734k | 27.22 | |
| Washington Prime Group | 1.5 | $19M | 1.6M | 12.38 | |
| Corenergy Infrastructure note 7% 6/15 | 1.5 | $19M | 19M | 1.01 | |
| Ramco-gershenson Pptys Tr perp pfd-d cv | 1.3 | $17M | 246k | 68.66 | |
| Lexington Rlty Trst Pref 6.50% p (LXP.PC) | 1.3 | $17M | 317k | 52.75 | |
| Monmouth R.E. Inv | 1.2 | $16M | 1.2M | 14.27 | |
| Umh Mobile Homes 8.25% Pfd A p | 1.2 | $16M | 630k | 25.70 | |
| SELECT INCOME REIT COM SH BEN int | 1.0 | $14M | 500k | 26.90 | |
| New York Reit | 1.0 | $13M | 1.4M | 9.15 | |
| Taubman Centers | 1.0 | $13M | 175k | 74.41 | |
| Uba 6 3/4 12/31/49 | 0.9 | $12M | 450k | 26.35 | |
| Brixmor Prty (BRX) | 0.8 | $11M | 406k | 27.79 | |
| Corr 7 3/8 12/31/49 (CORLQ) | 0.8 | $9.9M | 400k | 24.81 | |
| Colony Financial7.125%perp Cum p | 0.8 | $9.9M | 400k | 24.78 | |
| Schlumberger (SLB) | 0.7 | $9.1M | 116k | 78.11 | |
| Wheeler Real Estate Invt Tr cv pfd ser b (WHLRP) | 0.6 | $8.4M | 390k | 21.50 | |
| Taiwan Semiconductor Mfg (TSM) | 0.6 | $7.9M | 260k | 30.59 | |
| Epr Properties Pfd C 5.75% (EPR.PC) | 0.6 | $7.6M | 249k | 30.71 | |
| Infosys Technologies (INFY) | 0.6 | $7.3M | 462k | 15.78 | |
| American Assets Trust Inc reit (AAT) | 0.5 | $6.8M | 158k | 43.38 | |
| Summit Hotel Properties (INN) | 0.5 | $6.6M | 500k | 13.16 | |
| Peak Resorts | 0.5 | $6.4M | 1.3M | 5.09 | |
| Medequities Realty Trust reit | 0.5 | $5.9M | 500k | 11.75 | |
| Wpp Plc- (WPP) | 0.4 | $5.8M | 50k | 117.72 | |
| Wheeler Real Estate Invt Tr pfd cnv ser d (WHLRD) | 0.4 | $5.1M | 200k | 25.50 | |
| Novartis (NVS) | 0.4 | $4.9M | 63k | 78.98 | |
| China Yuchai Intl (CYD) | 0.4 | $5.1M | 444k | 11.43 | |
| Ashford Hospitality Prime In | 0.4 | $5.1M | 360k | 14.10 | |
| Marine Harvest Asa Spons | 0.4 | $4.9M | 272k | 17.92 | |
| Consumer Staples Select Sect. SPDR (XLP) | 0.3 | $4.6M | 86k | 53.21 | |
| Utilities SPDR (XLU) | 0.3 | $4.6M | 94k | 48.99 | |
| Ambev Sa- (ABEV) | 0.3 | $4.6M | 749k | 6.09 | |
| Urstadt Biddle Properties | 0.3 | $4.4M | 200k | 22.22 | |
| Vanguard REIT ETF (VNQ) | 0.3 | $4.5M | 52k | 86.75 | |
| Vanguard Telecommunication Services ETF (VOX) | 0.3 | $4.5M | 48k | 94.39 | |
| iShares MSCI ACWI ex US Index Fund (ACWX) | 0.3 | $4.4M | 101k | 43.24 | |
| AvalonBay Communities (AVB) | 0.3 | $3.9M | 22k | 177.86 | |
| Weyerhaeuser Company (WY) | 0.3 | $3.7M | 116k | 31.94 | |
| Alexandria Real Estate Equitie conv prf | 0.3 | $3.7M | 103k | 35.58 | |
| Fomento Economico Mexicano SAB (FMX) | 0.2 | $3.3M | 36k | 92.02 | |
| Vornado Realty Trust (VNO) | 0.2 | $3.2M | 32k | 101.22 | |
| Equity Residential (EQR) | 0.2 | $3.2M | 50k | 64.32 | |
| Unilever (UL) | 0.2 | $3.1M | 66k | 47.41 | |
| GlaxoSmithKline | 0.2 | $3.1M | 71k | 43.13 | |
| Lexington Realty Trust (LXP) | 0.2 | $2.9M | 280k | 10.30 | |
| Belmond | 0.2 | $2.7M | 212k | 12.71 | |
| Ubs Group (UBS) | 0.2 | $2.6M | 191k | 13.62 | |
| Welltower Inc Com reit (WELL) | 0.2 | $2.7M | 36k | 74.78 | |
| Digital Realty Trust (DLR) | 0.2 | $2.5M | 26k | 97.10 | |
| SL Green Realty | 0.2 | $2.5M | 23k | 108.09 | |
| Retail Opportunity Investments (ROIC) | 0.2 | $2.4M | 110k | 21.96 | |
| Comcast Corporation (CMCSA) | 0.2 | $2.2M | 33k | 66.35 | |
| Shaw Communications Inc cl b conv | 0.2 | $2.3M | 110k | 20.46 | |
| FelCor Lodging Trust Incorporated | 0.2 | $2.2M | 348k | 6.43 | |
| Halcon Res | 0.2 | $2.3M | 246k | 9.38 | |
| HCP | 0.1 | $1.9M | 51k | 37.96 | |
| Macerich Company (MAC) | 0.1 | $1.9M | 24k | 80.88 | |
| Liberty Property Trust | 0.1 | $1.9M | 48k | 40.35 | |
| Robert Half International (RHI) | 0.1 | $1.8M | 47k | 37.87 | |
| Prudential Public Limited Company (PUK) | 0.1 | $1.8M | 51k | 35.72 | |
| 3M Company (MMM) | 0.1 | $1.8M | 10k | 176.17 | |
| General Growth Properties | 0.1 | $1.6M | 60k | 27.59 | |
| American Tower Reit (AMT) | 0.1 | $1.7M | 15k | 113.33 | |
| Farmland Partners (FPI) | 0.1 | $1.7M | 150k | 11.20 | |
| Microsoft Corporation (MSFT) | 0.1 | $1.6M | 27k | 57.59 | |
| Pfizer (PFE) | 0.1 | $1.6M | 49k | 33.87 | |
| John Bean Technologies Corporation (JBT) | 0.1 | $1.6M | 22k | 70.56 | |
| Lloyds TSB (LYG) | 0.1 | $1.6M | 555k | 2.87 | |
| Preferred Apartment Communitie | 0.1 | $1.6M | 120k | 13.52 | |
| Crown Castle Intl (CCI) | 0.1 | $1.6M | 17k | 94.19 | |
| Cardinal Health (CAH) | 0.1 | $1.5M | 19k | 77.69 | |
| BT | 0.1 | $1.4M | 55k | 25.44 | |
| iShares Barclays Inter Crd Bd Fund ETF) (IGIB) | 0.1 | $1.4M | 13k | 111.40 | |
| Genesis Healthcare Inc Cl A (GENN) | 0.1 | $1.5M | 550k | 2.67 | |
| BlackRock (BLK) | 0.1 | $1.3M | 3.6k | 362.55 | |
| U.S. Bancorp (USB) | 0.1 | $1.3M | 30k | 42.90 | |
| Pool Corporation (POOL) | 0.1 | $1.3M | 14k | 94.55 | |
| Neenah Paper | 0.1 | $1.3M | 16k | 79.01 | |
| Extra Space Storage (EXR) | 0.1 | $1.3M | 17k | 79.41 | |
| Kimco Realty Corporation (KIM) | 0.1 | $1.3M | 46k | 28.96 | |
| Equity One | 0.1 | $1.3M | 41k | 30.61 | |
| Time Warner | 0.1 | $1.2M | 15k | 79.61 | |
| Cme (CME) | 0.1 | $1.2M | 11k | 104.48 | |
| Johnson & Johnson (JNJ) | 0.1 | $1.2M | 10k | 118.14 | |
| Casey's General Stores (CASY) | 0.1 | $1.2M | 9.7k | 120.13 | |
| Qualcomm (QCOM) | 0.1 | $1.2M | 18k | 68.49 | |
| KLA-Tencor Corporation (KLAC) | 0.1 | $1.1M | 17k | 69.68 | |
| Phillips 66 (PSX) | 0.1 | $1.2M | 15k | 80.54 | |
| Paramount Group Inc reit (PGRE) | 0.1 | $1.2M | 73k | 16.39 | |
| Apple (AAPL) | 0.1 | $1.1M | 9.7k | 113.10 | |
| Texas Instruments Incorporated (TXN) | 0.1 | $1.1M | 16k | 70.22 | |
| United Technologies Corporation | 0.1 | $1.0M | 10k | 101.65 | |
| Varian Medical Systems | 0.1 | $1.0M | 10k | 99.48 | |
| Vantiv Inc Cl A | 0.1 | $1.1M | 20k | 56.26 | |
| Wheeler Real Estate Investme | 0.1 | $1.0M | 580k | 1.75 | |
| 8point Energy Partners Lp ml | 0.1 | $993k | 69k | 14.40 | |
| Broadridge Financial Solutions (BR) | 0.1 | $950k | 14k | 67.77 | |
| JPMorgan Chase & Co. (JPM) | 0.1 | $934k | 14k | 66.58 | |
| Norfolk Southern (NSC) | 0.1 | $978k | 10k | 97.01 | |
| Chevron Corporation (CVX) | 0.1 | $988k | 9.6k | 103.03 | |
| Stanley Black & Decker (SWK) | 0.1 | $881k | 7.2k | 122.99 | |
| Becton, Dickinson and (BDX) | 0.1 | $957k | 5.3k | 179.72 | |
| General Dynamics Corporation (GD) | 0.1 | $931k | 6.0k | 155.22 | |
| Syntel | 0.1 | $880k | 21k | 41.90 | |
| Corporate Office Properties Trust (CDP) | 0.1 | $936k | 33k | 28.36 | |
| iShares Lehman MBS Bond Fund (MBB) | 0.1 | $860k | 7.8k | 110.09 | |
| Stonegate Bk Ft Lauderdale | 0.1 | $950k | 28k | 33.75 | |
| Qts Realty Trust | 0.1 | $951k | 18k | 52.83 | |
| Cooper Companies | 0.1 | $815k | 4.5k | 179.16 | |
| Pepsi (PEP) | 0.1 | $764k | 7.0k | 108.85 | |
| Ultrapar Participacoes SA (UGP) | 0.1 | $751k | 34k | 21.90 | |
| HFF | 0.1 | $786k | 28k | 27.68 | |
| Evercore Partners (EVR) | 0.1 | $754k | 15k | 51.49 | |
| Tanger Factory Outlet Centers (SKT) | 0.1 | $744k | 19k | 38.95 | |
| Senior Housing Properties Trust | 0.1 | $749k | 33k | 22.70 | |
| Alexandria Real Estate Equities (ARE) | 0.1 | $729k | 6.7k | 108.81 | |
| iShares MSCI Taiwan Index | 0.1 | $836k | 60k | 14.01 | |
| CoreSite Realty | 0.1 | $777k | 11k | 74.00 | |
| Wright Express (WEX) | 0.1 | $769k | 7.1k | 108.13 | |
| Pra Health Sciences | 0.1 | $811k | 14k | 56.53 | |
| Owens Corning (OC) | 0.1 | $700k | 13k | 53.38 | |
| DST Systems | 0.1 | $613k | 5.2k | 117.82 | |
| Wal-Mart Stores (WMT) | 0.1 | $698k | 9.7k | 72.13 | |
| Core Laboratories | 0.1 | $678k | 6.0k | 112.44 | |
| Microchip Technology (MCHP) | 0.1 | $697k | 11k | 62.13 | |
| Ritchie Bros. Auctioneers Inco | 0.1 | $687k | 20k | 35.06 | |
| Automatic Data Processing (ADP) | 0.1 | $717k | 8.1k | 88.15 | |
| Eastman Chemical Company (EMN) | 0.1 | $620k | 9.1k | 67.77 | |
| Procter & Gamble Company (PG) | 0.1 | $676k | 7.5k | 89.80 | |
| Enstar Group (ESGR) | 0.1 | $666k | 4.1k | 164.36 | |
| Omni (OMC) | 0.1 | $656k | 7.7k | 85.04 | |
| Invesco (IVZ) | 0.1 | $629k | 20k | 31.27 | |
| Prosperity Bancshares (PB) | 0.1 | $629k | 12k | 54.89 | |
| American Campus Communities | 0.1 | $610k | 12k | 50.83 | |
| Federal Realty Inv. Trust | 0.1 | $693k | 4.5k | 154.00 | |
| Brandywine Realty Trust (BDN) | 0.1 | $648k | 42k | 15.61 | |
| Alexander & Baldwin (ALEX) | 0.1 | $692k | 18k | 38.44 | |
| Green Ban | 0.1 | $598k | 55k | 10.94 | |
| Virtu Financial Inc Class A (VIRT) | 0.1 | $665k | 44k | 14.98 | |
| Black Knight Finl Svcs Inc cl a | 0.1 | $611k | 15k | 40.92 | |
| Forest City Realty Trust Inc Class A | 0.1 | $719k | 31k | 23.12 | |
| Mobile TeleSystems OJSC | 0.0 | $496k | 65k | 7.63 | |
| Public Storage (PSA) | 0.0 | $522k | 2.3k | 223.17 | |
| Maximus (MMS) | 0.0 | $548k | 9.7k | 56.55 | |
| Littelfuse (LFUS) | 0.0 | $511k | 4.0k | 128.62 | |
| Korea Electric Power Corporation (KEP) | 0.0 | $558k | 23k | 24.37 | |
| Silvercrest Asset Mgmt Groupcl (SAMG) | 0.0 | $497k | 42k | 11.87 | |
| Global X Fds msci pakistan | 0.0 | $570k | 36k | 15.86 | |
| Seritage Growth Pptys Cl A (SRG) | 0.0 | $552k | 11k | 50.64 | |
| iStar Financial | 0.0 | $418k | 39k | 10.72 | |
| Wells Fargo & Company (WFC) | 0.0 | $376k | 8.5k | 44.24 | |
| Herman Miller (MLKN) | 0.0 | $400k | 14k | 28.60 | |
| MetLife (MET) | 0.0 | $459k | 10k | 44.42 | |
| Monro Muffler Brake (MNRO) | 0.0 | $401k | 6.6k | 61.16 | |
| Cascade Bancorp | 0.0 | $364k | 60k | 6.07 | |
| Ddr Corp | 0.0 | $340k | 20k | 17.44 | |
| Gentherm (THRM) | 0.0 | $418k | 13k | 31.40 | |
| Ishares Inc msci frntr 100 (FM) | 0.0 | $361k | 14k | 25.69 | |
| Catalent (CTLT) | 0.0 | $383k | 15k | 25.82 | |
| Corenergy Infrastructure Tr (CORRQ) | 0.0 | $436k | 15k | 29.31 | |
| Patheon N V | 0.0 | $398k | 14k | 29.58 | |
| Williams-Sonoma (WSM) | 0.0 | $325k | 6.4k | 51.16 | |
| SPDR Dow Jones Industrial Average ETF (DIA) | 0.0 | $203k | 1.1k | 183.38 | |
| Hudson Pacific Properties (HPP) | 0.0 | $263k | 8.0k | 32.88 | |
| Howard Hughes | 0.0 | $321k | 2.8k | 114.64 | |
| SPDR DJ International Real Estate ETF (RWX) | 0.0 | $240k | 5.8k | 41.74 | |
| iShares S&P World Ex-US Prop Index (WPS) | 0.0 | $252k | 6.7k | 37.89 | |
| ProShares UltraShort Euro (EUO) | 0.0 | $238k | 10k | 23.80 | |
| Eaton (ETN) | 0.0 | $282k | 4.3k | 65.80 | |
| Cim Coml Tr | 0.0 | $319k | 21k | 15.38 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.0 | $155k | 4.2k | 37.23 | |
| iShares Barclays Govnment/Cdit Bond (GBF) | 0.0 | $85k | 725.00 | 117.24 | |
| Fbr & Co | 0.0 | $160k | 12k | 13.24 | |
| Hoegh Lng Partners | 0.0 | $167k | 8.9k | 18.76 | |
| Halcon Res Corp *w exp 09/09/202 | 0.0 | $153k | 67k | 2.29 | |
| HSBC Holdings (HSBC) | 0.0 | $10k | 255.00 | 39.22 | |
| Exxon Mobil Corporation (XOM) | 0.0 | $15k | 181.00 | 82.87 | |
| Interval Leisure | 0.0 | $0 | 1.00 | 0.00 | |
| Vanguard Short-Term Bond ETF (BSV) | 0.0 | $37k | 452.00 | 81.86 | |
| New Jersey Resources Corporation (NJR) | 0.0 | $14k | 426.00 | 32.86 | |
| Vanguard Europe Pacific ETF (VEA) | 0.0 | $46k | 1.2k | 37.19 | |
| iShares S&P SmallCap 600 Index (IJR) | 0.0 | $55k | 442.00 | 124.43 | |
| iShares MSCI Turkey Index Fund (TUR) | 0.0 | $9.0k | 250.00 | 36.00 | |
| iShares S&P Europe 350 Index (IEV) | 0.0 | $11k | 275.00 | 40.00 | |
| PIMCO Enhanced Short Mat Str Fund ETF (MINT) | 0.0 | $18k | 180.00 | 100.00 | |
| CECO Environmental (CECO) | 0.0 | $39k | 3.4k | 11.42 |
